DescriptionuUSD is stablecoin pegged to USD on Tezos. It is fungible by design and backed by tez collateral.
Category:crypto-backed
Minting and RedemptionUsing the youves app, users mint uUSD by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back uUSD is burned.
Youves uUSD (UUSD)